This Slide: #23 of 27 |
Slide #23. ABM — HHA Services
Acquirer:
ABM (NYSE:ABM)
Acquiree:
HHA Services
Details:
ABM, a leading provider of integrated facility solutions, announced today that it has acquired HHA Services, a leading provider of food and facility management services to hospitals, healthcare systems, long-term care facilities and retirement communities. The transaction closed today. The terms of the transaction were not disclosed.
ABM Industries provides facility, infrastructure, and mobility solutions. Co.'s segments include: Business and Industry, which encompasses janitorial, facilities engineering, and parking services for commercial real estate properties, sports and entertainment venues, and hospitals and non-acute healthcare facilities; Manufacturing and Distribution, which provides facility services, engineering, janitorial, and other services in different types of manufacturing, distribution, and data center facilities; and Aviation, which supports airlines and airports with services ranging from parking and janitorial to passenger assistance, catering logistics, air cabin maintenance, and transportation.
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Hold (2.14 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
Analysts' Target Price: ABM Stock Forecast Based on Zacks ABR data; powered by Xignite |